DA Davidson Lowers NVIDIA Price Target to $125
- Rating
- Hold
- Price target
- $125
- from $135
- Implied upside
- +6%
- vs $117.52 prior close

DA Davidson analyst Gil Luria lowered the price target on NVIDIA (NASDAQ: NVDA) to $125 (from $135) while maintaining a Neutral rating.
“We attended NVIDIA’s Investor Day at GTC in San Jose earlier this morning, and highlight several key takeaways from the Q&A, along with Mr. Huang’s keynote presentation yesterday.
NVIDIA remains focused on delivering superior AI accelerator products at an increasingly faster pace, with the announcement of Blackwell Ultra, while also highlighting the growing opportunity across industries, particularly with AI factories.
That being said, we remained cautious about out year expectations and thus maintain our NEUTRAL rating and lower our price target to $125.”
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Tracking this call
Since this note+104% NVDA $117.52 → $239.24 (Oct 7) · target reached
This call at 6 months✓ Target reached on May 13, 2025, 2 months after the note. At 12 months: reached.
Firm track recordDA Davidson reached 64% of its 22 scored targets within six months (#20 of 31 firms); on NVIDIA, 4 of 7. Accuracy ranking →




